The get News Ltd out of our game slogan could be "Reclaim Our Game".
If all RL fans cancelled our subscriptions it would shake them like nothing else ever could, it would absolutely terrify them.
Sounds like the time I was involved in a march on the headquarters of MMM :lol: All six of us:lol:
Thats very original for a Chelski fan ;-) I like it!
Oy!!! :lol: ;-) Who do you support?
David Gallop: "The merger agreement provides that at the earlier of 20 years or the repayment of News' new investment in the NRL [funding to the competition after January 1, 1998], News will transfer its directorships to the current franchisees then the agreement provides that 'at some time after the earlier of those dates' News will transfer its interest in the partnerships to the current franchisees."]
Published accounts of "new investment" at the time of the peace treaty put the sum at $130 million and News Ltd has drawn $8m a year out of NRL profits most years, meaning the time frame for repayment will be approximately 20 years.
But if money paid by News Ltd to the North Queensland, Melbourne and Canberra clubs to keep them competitive is counted as "new investment", the 20-year withdrawal is expected to come sooner.
THE $8 million News Ltd draws annually from the NRL is returned to the code via its ownership of the Melbourne Storm.
James Packer, however, puts nothing back into the game, despite sharing with News Ltd half the Fox Sports profits and is desperate the NRL do a deal with Betfair which he half owns.
The Packers also did well when News Ltd cut PBL into Fox Sports as part of the peace deal between the warring media companies at the end of the Super League war.
Packer bought in at cost price and now shares the massive profits of Fox Sports without commitments to NRL clubs
RUGBY league's traditional opposition to gambling - "we get all of the pain and none of the gain" - is about to be redressed, with two major betting agencies set to sign lucrative deals with the NRL.
The NRL is on the verge of completing a long-form agreement with Tabcorp, the merged entity of the NSW and Victorian TABs, to become a sponsor, while Betfair, a joint venture between the booming London online exchange and PBL, expects to make a similar arrangement.
Fox Sports, or Premier Media Group PL, the joint venture between the Packer-owned PBL and News Ltd, is expected to make a profit of $60m this financial year and much of this is on the back of NRL games, which provided 73 of the top 100 programs of all types on pay TV last year.
News Ltd has a first-and-last rights option over NRL rights for 25 years, further fuelling the suggestion it will use the confusion over its exit from the code as a bargaining tool to extend this option.
Furthermore, the $560.2m spent on the Super League war has now become a tax strategy, which was revealed when News Ltd shuffled its Australian companies for tax purposes after moving to the US, converting loans to shares.
While Packer and Murdoch are milking the cash cow that is the NRL, Telstra is providing most of the fodder. Fox Sports provides the NRL with $42m in pay TV rights but sells the games to Foxtel, which is half-owned by Telstra.
In 1998, when the NRL started, News Ltd was already making a motza from rugby league, with Fox Sports, a production company, selling programming to Foxtel for $62m a year, a sum greater than all the NRL's income. And the contract per subscriber was set in US dollars, another windfall, considering exchange-rate movements.
:lol::lol::lol:Let's all get pissed, march outside NRL head office, & anyone that comes outside the buliding we flog the sh*t out of em, until they give us some more beer.
No one Prem anyway :lol:
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The get News Ltd out of our game slogan could be "Reclaim Our Game".
Gus should be the NRL CEO